Overview

Like a venture capital fund, over time we will create a series of funds where private-sector expertise and investment can make a significant impact on Chicago’s public schools.

Leadership Fund I recruited hundreds of talented new teachers, launched a district-wide initiative to identify master teachers, and emphasized principal development programs that combine education and management models. From March 2000 to March 2004, The Fund invested $10 million in strategic management assistance and direct program grants into 13 programs focused exclusively on building a pipeline of talented school leaders.

On April 29, 2004, we launched our second, $15 million fund, Leadership Fund II. This effort has continued to focus on recruiting and developing skilled school leaders, with an additional focus on:

Deploying teams of those leaders in the schools that need them the most
Enhancing the way those leaders use data to make decisions
Rewarding results